Presindential elections and the stock market

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  • mimo_100
    Senior Member
    • Sep 2003
    • 1784

    #16
    Interesting article from the left leaning Yahoo website

    President-elect Donald Trump pumps his fist during an election night rally, Wednesday, Nov. 9, 2016, in New York. Six weeks before the election, I wrote an article titled “The Market Is Forecasting a Donald Trump Victory.” In 24 hours after the post, I received over 500 hate emails. It was simply my interpretation of the price action I was seeing in the stock market.
    Tim - Retired Problem Solver

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    • Karel
      Administrator
      • Sep 2003
      • 2199

      #17
      Originally posted by mimo_100 View Post
      Interesting article from the left leaning Yahoo website

      http://finance.yahoo.com/news/why-th...134836111.html
      This is moderately hilarious. That prediction was in this article from October 1st, and there he predicts not only that, but also that the markets will also react favorably if Clinton wins.

      The reasoning is something like: the market has started a bull run and shows strength (technical talk) which tallies nicely with what we (fundamentally) can expect from a Trump presidency. Case closed. Except that a positive fundamental story is then also told for a Clinton presidency, which leaves the reader guessing what exactly the markets are predicting.

      Good call!
      My Investopedia portfolio
      (You need to have a (free) Investopedia or Facebook login, sorry!)

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